US stock / ETF

AutoZone, Inc.

AZO · NYSE · USD

1 monthBearish77%
Monthly Downside probability 77%Bearish

AZO 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $3,310.8 and stabilize above resistance $4,388.1.

Invalidation Trigger

Break above $4,388.1 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 48.7, MACD -119.724

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $467.78 (14.61%)

Monthly

EMA Structure

Range
EMA 8$3,173.2Bullish
EMA 21$3,310.8Bearish
EMA 50$2,982.2Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.7 · MACD -119.724

Neutral zone

Strength
Bearish
Volatility
ATR $467.78 · BB 45.62%

High volatility

Strength
Bearish
Volume
MFI 29.2 · OBV -11.87%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$2,510 - $4,388.1

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+51.71% · 3.5 ATR above latest close

$4,855.9
Nearest resistance

+37.1% · 2.5 ATR above · 34-bar high

$4,388.1
Current price

Price shown is delayed

$3,200.8
Nearest support

-21.58% · 1.5 ATR below · 34-bar low

$2,510
Deeper support zone

-36.2% · 2.5 ATR below latest close

$2,042.2
ATR zone

Latest close ± ATR14

$2,733 - $3,668.5

Indicators

Trend

Dow Theory Structure

Confirmation $4,388.1, invalidation $3,210.7

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

33.3 / 7.5 / 25.2Bearish
Supertrend (10,3)

Price is above Supertrend

$1,717Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,446.8 / $3,219.2Bearish
Donchian Channel (20)

20-period breakout channel position

27%Range

Volatility

ATR (14)

High volatility

$467.78 (14.61%)Bearish
Bollinger Bands (20,2)

Width 45.62%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$4,182.7 / $2,441.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,733 / $3,668.5Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$4,388.1Range
Support

Nearest Downside Decision Level

$2,510Range

Momentum

RSI (14)

Neutral zone

48.7Range
MACD (12,26,9)

Histogram is negative

-119.724Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.2 / 12.0Bullish
Williams %R (14)

Neutral zone

-72.8Range
CCI (20)

Weak expansion

-103.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.2Bearish
OBV slope

20-period OBV slope

-11.87%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Trend

Dow Theory Structure

Confirmation $4,388.1, invalidation $3,210.7

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

33.3 / 7.5 / 25.2Bearish
Supertrend (10,3)

Price is above Supertrend

$1,717Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,446.8 / $3,219.2Bearish
Donchian Channel (20)

20-period breakout channel position

27%Range

Momentum

RSI (14)

Neutral zone

48.7Range
MACD (12,26,9)

Histogram is negative

-119.724Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.2 / 12.0Bullish
Williams %R (14)

Neutral zone

-72.8Range
CCI (20)

Weak expansion

-103.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$467.78 (14.61%)Bearish
Bollinger Bands (20,2)

Width 45.62%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$4,182.7 / $2,441.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,733 / $3,668.5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.2Bearish
OBV slope

20-period OBV slope

-11.87%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$4,388.1Range
Support

Nearest Downside Decision Level

$2,510Range

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